December 2024's Best UK Dividend Stocks

3 Reliable Dividend Stocks Offering Up To 5.1% Yield

As global markets navigate a period of mixed economic signals, with U.S. consumer confidence waning and European stocks showing modest gains, investors are increasingly seeking stability in dividend stocks. In the current climate, characterized by fluctuating indices and cautious optimism, reliable dividend stocks offering yields up to 5.1% can provide a steady income stream and potential resilience against market volatility.

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.49%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.09%

★★★★★★

CAC Holdings (TSE:4725)

4.84%

★★★★★★

Yamato Kogyo (TSE:5444)

4.04%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.42%

★★★★★★

GakkyushaLtd (TSE:9769)

4.38%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.83%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.38%

★★★★★★

E J Holdings (TSE:2153)

3.82%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.15%

★★★★★★

Click here to see the full list of 1948 stocks from our Top Dividend Stocks screener.

Let’s review some notable picks from our screened stocks.

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Mega Lifesciences Public Company Limited, along with its subsidiaries, produces and distributes health food supplements, pharmaceutical products, over-the-counter items, herbal products, vitamins, and fast-moving consumer goods in Southeast Asia and Sub-Saharan Africa with a market cap of THB28.99 billion.

Operations: Mega Lifesciences generates revenue from its Brands segment at THB8.24 billion, Distribution at THB7.34 billion, and Original Equipment Manufacture (OEM) at THB289.67 million.

Dividend Yield: 4.8%

Mega Lifesciences’ dividend payments have been volatile and unreliable over the past decade, with a payout ratio of 75.6% indicating coverage by earnings but less stability. The dividend yield of 4.81% is below Thailand’s top tier, though dividends have grown over ten years. Trading at a significant discount to fair value may attract investors despite recent declines in net income and basic earnings per share compared to last year’s figures.

SET:MEGA Dividend History as at Dec 2024

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Vector Inc. operates in public relations, advertising, press and video release distribution, direct marketing, media, investment, and human resources across Japan, China, and internationally with a market cap of ¥48.87 billion.

Operations: Vector Inc.’s revenue segments include public relations and advertising at ¥37,329 million, press release distribution at ¥2,768 million, video release distribution at ¥1,018 million, direct marketing at ¥25,105 million, media at ¥8,634 million, investment business at ¥3.41 billion and human resources services contributing ¥4.63 billion.

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